Lately, I have been asked quite a bit about the mid-term elections and how the results will impact the stock markets. I’ve spent some time thinking and reading to provide as educated of an answer as I can. And the simple answer is – I have no idea and no one else does either!
One of the questions that I've been getting recently is about the seeming divergence of the economy and the stock markets. The economy seems to be doing well, yet the markets seem to be struggling this year and most investment accounts have seemed to go nowhere. How can that be?
Even though the idea of a special celebration of our mothers dates back to Roman and Greek celebrations of the mothers of the gods, the United States didn't formally recognize Mother's Day until 1914.
The internet, e-mail, and social media are all powerful tools that have made our lives better and our world more connected. But they also make us more susceptible to those trying to take advantage of us. Please be careful and if you're ever in doubt - stop and contact someone you know and trust to verify.
It often seems that we are living in a world that is more divided than it's ever been. But I think we need to take time, and Black History Month is a perfect time, to remember back to another time that our country was deeply divided. We take it for granted that a person, no matter the pigment of their skin, has the ability to go anywhere and do what they desire in the United States. We NEED to learn about the struggle, so that we aren't destined to go back there again. And the legacy that I take from Marion Reeves, Harvey Gantt, and Dr. Edwards - we need to listen to everyone, be thoughtful of their concerns, and carry yourself with dignity and restraint.
The stock market hadn't seen a correction in two years and we went the longest ever stretch without a 3 or 5 percent correction. What we have seen over the last two years is the anomaly, not the last two weeks.